Dzerzhinsk, 14 February 2013. SIBUR and Tosol-Sintez have signed an agreement on the sale of coolants and brake fluids facilities located on the former Kaprolaktam plant site in Dzerzhinsk.
The projected annual capacity of the facilities is 46,000 tonnes of coolants and 22,800 tonnes of brake fluids.
SIBUR has worked with Tosol-Sintez in the technical fluids segment since 2001, in particular, by selling it monoethylene glycol, which is used in the production of coolants and brake fluids. System fluids are the core products marketed by Tosol-Sintez.
As agreed between SIBUR and the new owner of the former Kaprolaktam facilities, after their shutdown the staff will be transferred to Tosol-Sintez, the latter becoming a resident of the Oka-Polymer industrial park as a system fluid production facility.
Previously, Kaprolaktam's ethylene chlorohydrin units were sold to another strategic investor – Kazan Synthetic Rubber Plant. SIBUR is transferring the assets to their new owners as part of the phased process of the Kaprolaktam chlorine production shutdown and conversion of the site into an industrial park.
Notes to editors:
SIBUR is a vertically integrated gas processing and petrochemical company with a business model focused on two key segments. The company holds and manages Russia's largest associated petroleum gas (APG) assets (according to IHS CERA), dominating the Russian petrochemical market.
Tosol-Sintez is a leader in the domestic market of internal combustion engine coolants (antifreezes) and other system fluids. The company's dealer chain covers several regions of Russia and foreign countries.
The Oka-Polymer industrial park is a subsidiary of SIBUR established to facilitate the transformation of the former Kaprolaktam site into a technology park. There are over 350 buildings on the 300 ha park area. The site has energy and other infrastructure: electrical and heat networks, water supply and sewage systems (including industrial waste water disposal one), natural and industrial gas pipelines, a branching road and railway network, a tank farm, and storage facilities. The park is located in close proximity to a major railway station (Igumnovo) and has access to the Moscow-Kazan federal highway. In addition to providing the site, buildings, and infrastructure, the Oka-Polymer park offers its residents a constantly expanding range of services, which currently includes design and engineering, security and access control, emergency and catering services, etc.
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